Orbit Exports reported a consolidated net profit of ₹246.27 lakh for the quarter ended June 30, 2026 (Q1FY27), marking a 64% increase from ₹150.09 lakh in the corresponding period of the previous year. The robust performance was primarily driven by a 15% year-on-year rise in revenue from operations to ₹757.23 lakh, supported by strong demand in its core Textile Business segment. This top-line growth, combined with operational efficiencies, led to an expansion in EBITDA margin to 33.04% from 28.75% in Q1FY26, signaling improved profitability dynamics for the company.

The Board of Directors approved the unaudited standalone and consolidated financial results at its meeting held on August 08, 2026, in compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory Auditors M/s. Nayan Parikh & Co issued a limited review report on the financial statements. Additionally, the Board recommended the re-appointment of Mrs. Anisha Seth as Director, who retires by rotation, and re-appointed M/s. Balwinder & Associates as Cost Auditors for the financial year 2026-27.

Financial Performance Highlights

Consolidated total income stood at ₹879.15 lakh, with the Textile Business segment contributing ₹781.91 lakh in segment revenue. The Investments segment recorded a segment result of ₹96.45 lakh. Standalone other income was a significant contributor to profitability, amounting to ₹108.19 lakh for the quarter. Standalone net profit surged to ₹250.61 lakh, up from ₹142.53 lakh in Q1FY26.

Dividend and Corporate Actions

The Board declared a first interim dividend of 5%, i.e., ₹0.50 per equity share of face value ₹10 each for the financial year 2026-27. August 31, 2026, is fixed as the record date for determining shareholder entitlements. The dividend will be paid in accordance with the Companies Act, 2013.

Subsequent to the quarter ended June 30, 2026, the Company completed a share buyback. Approved on July 07, 2026, the buyback allowed for the purchase of up to 11,04,000 shares at ₹250 each. The tendering period closed on July 27, 2026, with payments made on August 03, 2026, to shareholders whose bids were accepted for 8,90,822 equity shares.

AGM Details

The 43rd Annual General Meeting is scheduled for Tuesday, September 29, 2026, at 17:00 Hours (IST) via Video Conferencing or Other Audio-Visual Means. The cut-off date for determining voting eligibility is Tuesday, September 22, 2026. Remote e-voting will be available from Thursday, September 24, 2026, at 09:00 a.m. to Monday, September 28, 2026, at 05:00 p.m., facilitated by National Securities Depositories Limited. CS Vyoma Desai of Abbas Lakdawalla & Associates LLP has been appointed as the Scrutinizer.

Orbit Exports Limited has issued a corrigendum to the Letter of Offer dated July 17, 2026, for its buyback of up to 11,04,000 fully paid-up equity shares at a price of ₹250 per share, aggregating to ₹27.6 crore. The corrigendum, published on July 20, 2026, revises specific details regarding public shareholding and the allocation of shares for small shareholders while confirming that all other terms of the original offer remain valid. The buyback is being undertaken to return surplus funds to shareholders and is open to those on the record date of July 15, 2026.

The company has updated the total number of equity shares held by the public to 1,57,68,460, representing 59.48% of the shareholding. Consequently, the buyback entitlement ratios have been adjusted. The Reserved Category for Small Shareholders will now consist of 1,65,600 equity shares, while the General Category will comprise 9,38,400 equity shares. The indicative entitlement ratio for the General Category is 11 equity shares for every 94 equity shares held.

Financial Position

The corrigendum includes an updated Annexure A detailing the company's financial position as of March 31, 2026. The maximum amount permissible for the buyback, calculated as 10% of the total paid-up capital and free reserves, stands at ₹2,793.11 lakh based on standalone financial statements.

Key Appointments and Process

Saffron Capital Advisors Private Limited continues to act as the Manager to the Buyback, and MUFG Intime India Private Limited is the Registrar. The Promoter and Promoter Group have confirmed they will not participate in the buyback. The offer opens on July 21, 2026, and closes on July 27, 2026, with settlement scheduled for August 3, 2026.